But yesterday’s rally combined with today’s early gains have been enough to push stocks up for the month.

Since 1950, the S&P 500′s performance in January has accurately predicted full-year returns 76% of the time, according to the Stock Trader’s Almanac. Excluding years when the S&P 500 moved less than 1% for the entire year, the accuracy rate is even higher. The Almanac says there have only been seven “major errors” since 1950 in which January didn’t correctly foreshadow how the market would perform through a full year.